Lincoln Electric Holdings, Inc.

Lincoln Electric Holdings, Inc.

256.98
USD
-6.15
(-2.34%)
10.00EPS
26.32P/E
14.47BMarket Cap
Oct 27Next Earn

Total Valuation

USD

As of June 30, 2026, Lincoln Electric Holdings, Inc. carries a market capitalization of 14.47B, placing it among publicly traded companies globally. Its enterprise value stands at 15.38B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap14.47B
Enterprise Value15.38B

Important Dates

Lincoln Electric Holdings, Inc.'s next confirmed earnings release is scheduled for October 27, 2026.

Earnings Date10/27/2026

Share Statistics

As of June 30, 2026, Lincoln Electric Holdings, Inc. has 54.51M shares outstanding.

Shares Outstanding54.51M

Valuation Ratios

As of June 30, 2026, Lincoln Electric Holdings, Inc. trades at a trailing price-to-earnings ratio of 26.32. The price-to-sales ratio is 3.25, and the price-to-book ratio stands at 9.31.

PE Ratio26.32
PS Ratio3.25
PB Ratio9.31
P/TBV Ratio21.63
P/FCF Ratio21.37
P/OCF Ratio21.19

Enterprise Valuation

As of June 30, 2026, Lincoln Electric Holdings, Inc. trades at an EV/EBITDA multiple of 17.67 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 3.43 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 20.03 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Lincoln Electric Holdings, Inc. trades at an EV/FCF ratio of 21.12, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 15.38B versus a market cap of 14.47B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales3.43
EV / EBITDA17.67
EV / EBIT20.03
EV / FCF21.12

Financial Position

As of June 30, 2026, Lincoln Electric Holdings, Inc. maintains a current ratio of 1.98, meaning it holds 2.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 73.85, indicating elevated leverage, while an interest coverage ratio of 16.51 demonstrates strong ability to service its debt obligations.

Current Ratio1.98
Quick Ratio0.93
Debt / Equity73.85
Debt / EBITDA1.32
Interest Coverage16.51

Financial Efficiency

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Over the twelve months ended June 30, 2026, Lincoln Electric Holdings, Inc. posted a return on equity (ROE) of 37.74, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 22.23 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 14.68, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 22.26, useful for judging operating efficiency across full business cycles. The company generates approximately 373,419.92 in revenue per employee across its workforce of 12,000.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 4.37 indicates how many times Lincoln Electric Holdings, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)37.74
Return on Assets (ROA)14.68
Return on Invested Capital (ROIC)22.23
Return on Capital Employed (ROCE)22.26
Revenue Per Employee373,419.92
Employee Count12,000.00
Inventory Turnover4.37

Taxes

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Over the twelve months ended June 30, 2026, Lincoln Electric Holdings, Inc. recorded 166.34M in income tax expense. That works out to an effective tax rate of 23.11, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 719.89M, leaving 553.55M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax166.34M
Effective Tax Rate23.11

Stock Price Statistics

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As of the close on October 22, 2026, Lincoln Electric Holdings, Inc.'s stock has gained approximately 7.55% over the past 52 weeks. The 50-day moving average sits at 269.11, while the 200-day moving average is 265.38.

52-Week Price Change7.55%
50-Day Moving Average269.11
200-Day Moving Average265.38

Income Statement

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Over the twelve months ended June 30, 2026, Lincoln Electric Holdings, Inc. generated 4.48B in revenue and converted that into 553.55M in net income, yielding earnings per share of 10.00. EBITDA reached 870.08M, while operating income came in at 785.24M.

Revenue4.48B
Gross Profit1.61B
Operating Income785.24M
Pretax Income719.89M
Net Income553.55M
EBITDA870.08M
EBIT767.80M
Earnings Per Share (EPS)10.00

Balance Sheet

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As of June 30, 2026, Lincoln Electric Holdings, Inc. holds 242.44M in cash and equivalents against 1.15B in total debt, resulting in a net debt position of 905.27M. Total book value stands at 1.55B, with working capital of 872.47M providing operational flexibility.

Cash & Cash Equivalents242.44M
Total Debt1.15B
Net Debt905.27M
Equity (Book Value)1.55B
Book Value Per Share28.51
Working Capital872.47M

Cash Flow

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Lincoln Electric Holdings, Inc. produced 687.59M in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow687.59M
Free Cash Flow687.59M
FCF Per Share12.53

Margins

Over the twelve months ended June 30, 2026, Lincoln Electric Holdings, Inc. posted a gross margin of 35.96, reflecting its pricing power and cost economics. The operating margin of 17.52 and net profit margin of 12.35 provide insight into operational efficiency.

Gross Margin35.96
Operating Margin17.52
Pretax Margin16.07
Profit Margin12.35
EBITDA Margin19.42

Dividends & Yields

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Over the twelve months ended June 30, 2026, Lincoln Electric Holdings, Inc. paid dividends of 3.11 per share. The dividend payout ratio of 30.86 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 4.68, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 3.45, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Lincoln Electric Holdings, Inc. shareholders.

Dividend Per Share3.11
Payout Ratio30.86
Shareholder Yield3.45
FCF Yield4.68

Stock Splits

Lincoln Electric Holdings, Inc.'s most recent stock split took place on June 1, 2011 with a 1:2 split ratio.

Last Split Date6/1/2011
Split Ratio1:2

Scores

As of June 30, 2026, Lincoln Electric Holdings, Inc. has an Altman Z-Score of 8.79, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score8.79